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New Year Graphite Electrode Market: Stable Prices but Weak Demand


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Since the beginning of the New Year, the graphite electrode market has shown a trend of stable prices but weak demand. According to the market price review of graphite electrodes in China on January 4th, the overall market price is currently stable. For example, for ultra-high power graphite electrodes with a diameter of 450mm, the price is 14,000 – 14,500 yuan/ton (including tax), high-power graphite electrodes are priced at 13,000 – 13,500 yuan/ton (including tax), and common power graphite electrodes are 12,000 – 12,500 yuan/ton (including tax).

On the demand side, the current market is in the off-season. Market demand is poor. Most real estate projects in the north have come to a standstill. Terminal demand is weak, and transactions are rather sluggish. Although electrode enterprises are quite willing to hold prices, as the Spring Festival approaches, the supply-demand contradiction may gradually accumulate. Without the stimulation of favorable macro policies, the short-term demand is likely to continue to weaken.
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However, it is worth noting that on December 10, 2024, the Ministry of Industry and Information Technology of the People’s Republic of China issued an announcement approving the “Evaluation Requirements for Green Factories of Graphite Electrode Enterprises”, which will come into effect on July 1, 2025. This will prompt graphite electrode enterprises to pay more attention to green production and sustainable development, providing policy guidance for the long-term and stable development of the industry.
Overall, the graphite electrode industry is facing certain market pressures in the New Year, but the continuous improvement of industry norms also brings new opportunities and challenges for its subsequent development.


Post time: Jan-08-2025